MANAGE YOUR CASH FLOW WITH
Our payment solutions have been helping businesses just like yours get the best insurance coverage for their needs.
SNAP Premium Finance has helped thousands of business owners and individuals break down the cost of their insurance premiums into small monthly payments. People like financing with us because we provide fast, fair and friendly payment solutions.
Insured Benefits
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PAY AS YOU GO
If you pay for your insurance up front, you are pre-paying for an asset that has yet to establish its intrinsic value. By financing your insurance policy(ies), you can spread out your financial obligation and pay for the premium as it ‘earns’ its value over the term of the policy.
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ALTERNATIVE SOURCE OF CREDIT
By employing SNAP’s Premium Payment Solutions, you are tapping into another source of credit. There is no need to draw down on existing lines of credit that are best used for other operational expenses.
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INSTANT APPROVALS
SNAP’s Premium Payment Solutions often require no credit adjudication at all, making them very quick and easy to access.
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OFF-BALANCE SHEET FINANCING
Depending on how you approach your accounting, SNAP Payment Solutions can effectively become an “off-balance sheet” item. Reap the benefits of our capital without having to show the premium finance loan as a debt liability on your financial statements.
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CASH FLOW
Cash is king. In today’s economy, you likely want to hold on to as much cash as possible to help maintain resources for large capital expenditures or other business expenses.
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TAX BENEFITS
Interest on your premium monthly payments is a tax-deductible expense. That means you can enjoy a partial return of your finance charge on top of the benefits associated with deferring your insurance expense.
ASK YOUR INSURANCE PROVIDER FOR A SNAP MONTHLY QUOTE
